Mining
Mining bundles transactions into candidate blocks, expends computational work, and—if successful—broadcasts the new block to the network. Rewards combine new coin issuance with transaction fees, incentivizing miners to secure the chain.
Mining
TechnologyThe process of validating transactions and producing blocks in proof-of-work systems.
Sections
Definition
Mining bundles transactions into candidate blocks, expends computational work, and—if successful—broadcasts the new block to the network. Rewards combine new coin issuance with transaction fees, incentivizing miners to secure the chain.